BE Semiconductor Industries (BESIY) Projected to Release Earnings on Thursday

BE Semiconductor Industries (OTCMKTS:BESIY) is expected to be issuing its results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $1.43 per share and revenue of $314.17 million for the quarter.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.29 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.01). The company had revenue of $290.52 million during the quarter, compared to the consensus estimate of $285.58 million. BE Semiconductor Industries had a return on equity of 46.44% and a net margin of 28.42%. On average, analysts expect BE Semiconductor Industries to post $4.83 EPS for the current fiscal year and $7.45 EPS for the next fiscal year.

BE Semiconductor Industries Price Performance

OTCMKTS BESIY opened at $177.41 on Tuesday. The company has a market capitalization of $12.86 billion, a PE ratio of 58.17 and a beta of 1.99. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.73 and a current ratio of 4.28. The business’s fifty day moving average is $221.80 and its 200 day moving average is $266.68. BE Semiconductor Industries has a fifty-two week low of $140.07 and a fifty-two week high of $374.33.

Analyst Ratings Changes

A number of brokerages have commented on BESIY. Zacks Research cut BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 25th. Berenberg Bank raised BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of BE Semiconductor Industries in a research report on Tuesday, September 8th. Finally, UBS Group downgraded BE Semiconductor Industries from a “buy” rating to a “sell” rating in a research note on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, BE Semiconductor Industries currently has an average rating of “Moderate Buy”.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. (BESI) is a Netherlands-based manufacturer of semiconductor assembly equipment. The company develops and supplies systems used to package semiconductor devices after wafer fabrication, helping customers assemble, connect, protect and test chips for use in electronic products.

BESI’s product portfolio includes die-attach equipment, packaging systems, molding equipment and singulation systems. Its technologies support applications such as advanced semiconductor packaging, flip-chip assembly, thermo-compression bonding and hybrid bonding, which are used in products requiring higher performance, smaller dimensions and improved power efficiency.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI serves semiconductor manufacturers and assembly and test providers worldwide.